Escrow assistant job description

Join a team that puts its People First! As a member of First American's family of companies, National Commercial Services provides single-point service for simple to multi-property/multi-state national commercial real estate transactions. Since 1889, First American (NYSE: FAF) has held an unwavering belief in its people. They are passionate about what they do, and we are equally passionate about fostering an environment where all feel welcome, supported, and empowered to be innovative and reach their full potential. Our inclusive, people-first culture has earned our company numerous accolades, including being named to the Fortune 100 Best Companies to Work For list for seven consecutive years. We have also earned awards as a best place to work for women, diversity and LGBTQ+ employees, and have been included on more than 50 regional best places to work lists. First American will always strive to be a great place to work, for all. For more information, please visit www.careers.firstam.com.

Provides support to Escrow department by assisting with customer service and administrative duties related to escrow closings.
Essential Functions

* Good working knowledge of fast
* Prepare documents.
* Strong customer service skills.
* Gather all necessary invoices for Closing.
* General understanding and knowledge of contract and commitment.
* Learn and gain proficiency of transactional accounting
* Work closely with Escrow and Underwriter as directed.
* Compliance with Corporate and NCS policies and procedures, including wire fraud training.

Knowledge and Skills/Technology Used

* Strong customer service orientation
* Detail orientation
* Excellent verbal communication
* Problem solving skills
* Strong organizational skills

Typical Education

* High School diploma or equivalent

Typical Range of Experience

* 1-3 years' experience as an Associate Escrow Assistant or a minimum of 3 years' experience in a related real estate or title field.

#LI-AK1

#LI-Onsite

First American invests in its employees' development and well-being, empowers them to provide superior customer service and encourages them to serve the communities where they live and work. First American is committed to diversity and inclusion. We are an equal opportunity employer.

Based on eligibility, First American offers a comprehensive benefits package including medical, dental, vision, 401k, PTO/paid sick leave and other great benefits like an employee stock purchase plan.

Escrow Assistant - 2205871 Description D.R. Horton, Inc., the largest homebuilder in the U.S., was founded in 1978 and is a publicly traded company on the New York Stock Exchange. It is engaged in the construction and sale of high quality homes designed principally for the entry-level and first time move-up markets. The Company also provides mortgage financing and title services for homebuyers through its mortgage and title subsidiaries. Please visit our website at www.drhorton.com for more information.

D.R. Horton, Inc. is currently looking for an Escrow Assistant for their Financial Services Escrow Branch. The right candidate will be responsible for the timely preparation of all escrow files and ordering all information necessary for the closing of escrow transactions.
Essential Duties and Responsibilities

Ability to perform all tasks of the Escrow Receptionist

Prepare and send opening letters and “thank you” acknowledgements to all parties

Order title commitments and distribute to all parties

Order and update payoff/assumption statements as requested

Prepare receipts for all funds received from Customers and/or lenders

Order wire transfers and provide wiring instruction

Clear title requirements

Prepare loan packages for return to lender

Prepare simple cash and seller carryback pre-audits

Assist branch manager with administrative tasks as requested

Open refinance orders

Receive builder report, order survey, contact the lender, obtain hazard insurance, enter basic order information on automated system, obtain HOA information, schedule and coordinate times for closings

Prepare copies for disbursement and closing transmittals

Assist Closer/Escrow Officer with final policy disbursement, as directed

Monitor termite inspection requests and other required inspection information

On a limited basis, answer Customers' questions and/or telephone calls concerning the administrative process of the parties' transactions; and answer real estate agents' questions and/or telephone calls concerning the status of their pending files

Cancel files according to office procedure

In addition to the above duties, the escrow assistant may have post closing job responsibilities:

Assist with pre-closing files: Assure that all information is accurate and matches the original Purchase Contract, e.g. zip codes, property address, spelling of names, marital status of buyers, reading Surveys for encroachments, if any, etc.

Prepare and ship closing packages: Assure that each package is complete and properly signed by all parties.

Prepare documents for recording in different Counties: Assure that documents sent for recording fulfill not only the Recording Regulations, but also the Lenders'.

Prepare both Loan and Owners' Policies and mail them out

Prepare endorsements to Policy, when applicable.

Responsible for whereabouts of closing files

Assist Branch Manager with administrative tasks.

Keep checkbook for Fee account and maintain control of the mailing stamps machine.

Customer Service - Take calls from lenders, buyers, attorneys, realtors, insurance companies and others are handled on a daily basis.

Qualifications Education and/or Experience
Associate's degree (A. A.) or equivalent from two-year college or technical school; or six months to one year related experience and/or training; or equivalent combination of education and experience.

Come join a winning team with a Fortune 500 company! We are growing fast and are looking for enthusiastic attitudes and team players to join our success. We offer an excellent benefits package including vision, medical and dental. Build YOUR future with D.R. Horton, America's Builder.

Come follow our newest Open Jobs on Twitter and like us on Facebook!
Job: Financial Services Primary Location: TX-Fort Worth Organization: Title Schedule: Full-time Job Posting: Sep 19, 2022, 9:11:06 PM

Job Title:Escrow Assistant



Department:Escrow



Reports To: Branch Manager/Escrow Officer



FLSA Status: Non-Exempt



Updated: 4-24-2018_hr



Summary:


Responsible for providing administrative support to the escrow team, this includes dealing with details of a highly confidential nature. Collects and prepares documents in the opening and closing of orders, assisting escrow principals, their lenders and/or agents in the closing of escrows.


Essential Duties and Responsibilities include the following. Other duties may be assigned:

• Assists with customer service and administrative duties related to escrow closings
• Prepares documents required for closings
• Provides support to obtain the appropriate escrow documentation in accordance with policy and procedures and applicable state and federal regulations
• Enters required information into the escrow operating system
• Set-up escrow files
• Supports Escrow Officer keeping current on documents required for the close of escrow
• Performs accounting functions set by each branch and may include; receipt of funds into escrow account, the opening and closing of interest bearing accounts with the escrow accounting department, requests for wire transfers
• Orders beneficiary statements or payoff demands, fire insurance policies, loan documents, lender requirements for funding and other documents as required by principals for the recording and closing of escrow files
• Prepares package for recording with transmittal to the title department including complete closing instructions
• Prepares closing statements, disbursement worksheets and distributes checks for all closed files
• Regular and predictable attendance in the branch

Supervisory Responsibilities:


No supervisory responsibilities in this position.


Competency Standards:


To perform this job successfully, an individual must be able to demonstrate the requirements listed below.

• Must have at least one year of escrow experience
• Must have working knowledge of escrow principles and practices
• Must demonstrate excellent comprehension and organizational skills
• Ability to manage multiple actions at once; flexibility to reprioritize based on the direction of management
• Strong customer service orientation
• Must display professionalism in circumstances of high pressure and heavy workload
• Excellent verbal communication and problem solving skills
• Recommended to become a notary within 1 to 2 years
• Ability to work with mathematical concepts (fractions, percentages, ratios and proration's)
• Good working knowledge of Microsoft Office applications

Education and/or Experience:


High school diploma or general education degree (GED); two years related experience and/or training; or equivalent combination of education and experience


Physical Demands:


The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

While performing the duties of this job, the employee is regularly required to sit at a desk for long periods of time, twist to reach equipment that surrounds desk, use telephone, and operate office equipment.

The company will make reasonable accommodations for known disabilities as required by applicable law. All employees are required to observe the procedures contained in the Company Handbook, devote their full time energy to the company during work hours and to be loyal to the company at all times during their employment.